News & Events
mexico-invited-tpp-negotiationsPresident Obama announced that Mexico has been formally invited to join the TPP (Trans-Pacific Partnership) negotiations aimed at reaching an Asia Pacific free trade Agreement. The decision to accept Mexico's application was jointly made by the nine countries currently negotiating the TPP pact - the United States, Australia, New Zealand, Peru, Chile, Singapore, Malaysia, Vietnam and Brunei, U.S. officials said.

"We are delighted to invite Mexico, our neighbor and second largest export market, to join the TPP negotiations," said Ambassador Ron Kirk. "Mexico's interest in the TPP reflects its recognition that the TPP presents the most promising pathway to boosting trade across the Asia Pacific and to encouraging regional trade integration. We look forward to continuing consultations with the Congress and domestic stakeholders as we move forward."
This is great news for the Mexico Manufacturing Industry, they country will continue to expand its economy and generate more jobs. "This is one of the free trade initiatives that's most ambitious in the world and would foster integration of the Asia Pacific region, one of the regions with the greatest dynamism in the world," Calderon said.

The Congress would be advice soon of a date to start talks with Mexico. The TPP countries have completed 12 rounds of negotiations and the nine countries have made solid progress. The next round of negotiations is scheduled to take place July 2 – 10 in San Diego, California.

By Co-Production International.

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